GMUB vs VTI
Goldman Sachs Municipal Income ETF vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | GMUB | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.03% | |
| AUM | $319M | $666.9B | |
| Dividend Yield | 3.39% | 1.07% | |
| Holdings | 553 | 3,543 | |
| YTD Return | +1.33% | +14.82% | |
| 1Y Return | +5.46% | +22.43% | |
| 3Y Return (annualized) | - | +21.93% | |
| 5Y Return (annualized) | - | +12.34% | |
| Volatility (annualized) | 3.1% | 15.4% | |
| Max Drawdown | -3.4% | -56.6% | |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 23, 2024 | May 24, 2001 |
GMUB vs VTI Performance
Goldman Sachs Municipal Income ETF (GMUB) is a ETF from Goldman Sachs Asset Management and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year GMUB returned +5.46% while VTI returned +22.43%. Year to date, GMUB is up 1.33% versus a gain of 14.82% for VTI.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 3.1% for GMUB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.4% for GMUB and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GMUB charges 0.18% per year while VTI charges 0.03%. On a $10,000 position that is $18 vs $3 annually, a gap of $15 per year that compounds over a long holding period. On income, GMUB currently yields 3.39% against 1.07% for VTI.
Holdings Overlap
GMUB and VTI share 0 holdings out of 2942 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GMUB or VTI?
GMUB has an expense ratio of 0.18% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, GMUB or VTI?
Over the past year GMUB returned +5.46% vs +22.43% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), GMUB annualized +3.94% vs +8.16% for VTI. Past performance does not guarantee future results.
Which is riskier, GMUB or VTI?
VTI has been the more volatile fund at 15.4% annualized versus 3.1% for GMUB. Worst drawdown: GMUB -3.4% vs VTI -56.6%.
Should I hold both GMUB and VTI?
GMUB and VTI have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GMUB and VTI?
GMUB and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2942 unique securities.
Which pays a higher dividend, GMUB or VTI?
GMUB yields 3.39% while VTI yields 1.07%, so GMUB currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.